The Hong Kong Monetary Authority published monetary statistics for December 2025 showing a 1.2% increase in total deposits with authorized institutions and a 1.3% rise in total loans and advances, while renminbi deposits in Hong Kong fell to RMB960.1 billion. Hong Kong dollar deposits rose 0.4% and foreign currency deposits increased 1.7% in December; across 2025, total deposits and Hong Kong dollar deposits grew 11.8% and 3.8% respectively. Renminbi deposits declined 4.2% in December, with the HKMA attributing the move mainly to corporate fund flows, while renminbi remittance for cross-border trade settlement increased to RMB1,177.4 billion from RMB1,033.0 billion in November. Loans for use in Hong Kong (including trade finance) and outside Hong Kong increased 1.2% and 1.8% in December, and the Hong Kong dollar loan-to-deposit ratio edged down to 72.9% from 73.2% as deposits grew faster than loans; in the fourth quarter, loans for use in Hong Kong rose 0.2%, with residential mortgage lending up and lending to building, construction, property development and investment down. Hong Kong dollar M2 and M3 each rose 0.4% in December and were up 4.2% year on year, while seasonally adjusted Hong Kong dollar M1 fell 2.0% in the month but rose 11.7% from a year earlier; total M2 and total M3 increased 1.2% in December and 11.6% year on year. The HKMA cautioned that monthly deposit and monetary statistics can be volatile due to transient factors such as interest rate movements, seasonal funding demand and fund-raising, and encouraged focus on longer-term trends.

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